1849 10C PR66 NGC....
Bid InformationFor your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.
Minimum Next BidBid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the Current Bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a Cut Bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment.
Internet bids are required only to bid the increment past the Current Bid, or more. Internet bids greater than one increment over the Current Bid can be any whole dollar amount.
It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
Number of BiddersThis number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
This lot is being sold without a consignor reserve. (Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
What's This?The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.
BP - Buyer's Premium per LotA Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.
Not SoldThis indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
Opening Bid:Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
- Minimum invoice total is $2,500.
- Subject to a refundable 3% set-up fee, which will be paid as part of your 1st monthly installment. This fee will be refundable upon completion of the plan if the following conditions are satisfied:
- There is no penalty for paying off early.
- Non-dealers only
- With pre-approved credit application
- Get pre-approved by filling out a credit application.
- Bid normally and win some lots.
- When you get your electronic invoice, select "other" from the payment options.
Note: This offer may not be available on some items.
Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items(excludes Virtual Bourse, Comic Market and Virtual Sports Show)
- Minimum invoice total is $2,000.
- Minimum down payment is 20%.
- There is no penalty for paying off early.
- Non-dealers only
SMS Alerts- Receive a text message approximately 35 lots ahead of your item being up for bidding at auction, with a link to bid in Heritage Live in the text message. Haven't registered? Visit MyProfile to sign-up for free by entering your mobile number. The green icon indicates Live Bidding Text Alerts are on for that lot. Live Bidding Text Alerts are only available for lots in live sessions.
Considered the Finest Known
With respect to the rarity level of the 1849 proof dime, Breen (1988) suggests there are possibly four pieces extant, while Akers (1997) estimates six to eight coins "at most." David Lawrence Rare Coins Auctions says: the actual number is somewhere between those two estimates, "around 6." Our roster identifies five examples:
1. PR66 NGC. The Kaufman coin. James A. Stack, Sr. Collection (Stack's, 1/1990), lot 86.
2. PR65 NGC. The Richmond Sale, Part III (David Lawrence, 3/2005), lot 1243; Heritage (6/2005), lot 5378.
3. PR65 NGC. Heritage (3/2006), lot 458.
4. Very Choice Proof or better. John Jay Pittman Collection (David Akers, 10/1997), lot 602.
5. Choice Brilliant Proof. Floyd T. Starr (Stack's, 10/1992), lot 366.
There is an ongoing controversy as to whether the 1849 proof dime is an 1849/8 overdate. Brian Greer (1992) says of his variety 103 1849 dime: "9 over 8. An obvious overdate is listed by Breen (Breen-3256). Proof only." Stack's catalogers, however, in their discussion of the Starr specimen (number 5 above), write: "Repunched date variety. Not an 1849/8 'overdate' as described by Breen (Breen 3256 should be de-listed)."
Seated Liberty dime specialist Gerry Fortin writes about this controversy on his web site, www.seateddimevarieties.com: "In 1849, the mint changed the logotype from the large dates of 1847 and 1848 to the smaller date punch found on 1849 dies. Acknowledging this fact, it is difficult to justify that the date on the 1849 obverse die would be an 1849/8 overdate given the large date punch of 1848. If one examines the date positions of the 1849 proof die against that of the 1848 dies, with the larger date punch, it is immediately evident that the 1849/8 overdate theory should be seriously questioned."
Attractive sky-blue, gray, and rose-pink toning displays a uniform pattern on the Kaufman-Stack coin, and an attentive strike yields virtual completeness on the design elements. Both sides have been well cared for, further accentuating the coin's already stunning eye appeal. Faint horizontal roller marks are visible on the central obverse, and strike-throughs between star 4 and the rim and between NE of ONE identify the coin. Without a doubt, one of the most beautiful pieces in the Kaufman collection.
From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three. (NGC ID# 23C5, PCGS# 4736)
Service and Handling Description: Coins & Currency (view shipping information)